Market revenue in 2023 | USD 167.7 million |
Market revenue in 2030 | USD 314.1 million |
Growth rate | 9.4% (CAGR from 2023 to 2030) |
Largest segment | Clinical |
Fastest growing segment | Preclinical |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Preclinical, Clinical |
Key market players worldwide | IQVIA Holdings Inc, Charles River Laboratories International Inc, Icon PLC, Syneos Health, Labcorp Holdings Inc, Wuxi AppTec Co Ltd, Medpace Holdings Inc, Eurofins Scientific SE, Promedica International, Qserve |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical device contract research organization market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 82.11% in 2023. Horizon Databook has segmented the Italy medical device contract research organization market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
In Italy, heart diseases, stroke, lung cancer, COPD, and diabetes, followed by COVID-19, are among the major causes of death in the country. This high burden of chronic diseases, followed by high life expectancy is expected to improve the demand for technologically advanced medical devices for diagnosis & treatment in the country, thus promoting market growth.
A large number of key players in the medical device contract research organization market are present in Italy, including Medpace, Charles River, Labcorp, ICON, IQVIA, Parexel, and PRA Health Sciences.
The growing demand for lower clinical research costs among medical device companies is expected to increase the number of partnerships with CROs in the coming years, thus boosting the Italy medical device contract research organization market.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy medical device contract research organization market , including forecasts for subscribers. This country databook contains high-level insights into Italy medical device contract research organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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